2126 NW Flagler Ter Active

Miami,FL 33125

$ 1250000

- Bed

0 Bath

2785 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,785 sqft

Price per Sqft $448

Subdivision Evanston Heights

MLS Listing ID A11641028

Style Fourplex

Year Built 1928

Annual Tax Amount $12,647

Tax Year 2023

Property Description

An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.

Location

State FL

County Miami-dade

Community Evanston Heights

Area 41

Interior

Heating Other

Cooling Zoned

Flooring Laminate,Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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